FY2018 EPS Estimates for B2Gold Corp. Reduced by National Bank Financial (BTO)
B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Stock analysts at National Bank Financial decreased their FY2018 EPS estimates for shares of B2Gold Corp. in a research report issued to clients and investors on Tuesday. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.23 for the year, down from their previous forecast of $0.34. National Bank Financial has a “Outperform” rating and a $6.00 price objective on the stock.
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A number of other analysts have also recently commented on BTO. BMO Capital Markets reiterated an “outperform” rating and set a C$5.00 price objective on shares of B2Gold Corp. in a research report on Thursday, July 20th. Scotiabank dropped their price objective on B2Gold Corp. from C$5.00 to C$4.75 and set an “outperform” rating for the company in a research report on Tuesday, August 1st. Eight Capital set a C$4.50 price objective on B2Gold Corp. and gave the stock a “buy” rating in a research report on Monday, September 25th. Finally, Canaccord Genuity lifted their price objective on B2Gold Corp. from C$5.00 to C$5.50 in a research report on Friday, September 29th. Seven analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of C$5.16.
B2Gold Corp. (BTO) opened at 3.24 on Friday. The firm has a market cap of $3.17 billion and a PE ratio of 54.92. B2Gold Corp. has a 12 month low of $2.69 and a 12 month high of $4.64. The stock’s 50 day moving average is $3.39 and its 200 day moving average is $3.42.
In other B2Gold Corp. news, insider William Lytle purchased 32,051 shares of the stock in a transaction on Wednesday, August 16th. The stock was bought at an average price of C$3.13 per share, for a total transaction of C$100,319.63. Also, Director Clive Thomas Johnson purchased 100,000 shares of the stock in a transaction on Friday, August 18th. The stock was acquired at an average price of C$3.20 per share, with a total value of C$320,000.00. Insiders acquired a total of 232,051 shares of company stock valued at $742,320 in the last 90 days.
About B2Gold Corp.
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